← All stories
AI & Tech

OpenAI Signed $20 Billion Cerebras Deal in Four Weeks Over Thanksgiving

By Egleze Editorial Desk · Published May 29, 2026 · No Priors Podcast · The Story Behind Cerebras’ $63 Billion IPO with Founder and CEO Andrew Feldman
OpenAI Signed $20 Billion Cerebras Deal in Four Weeks Over Thanksgiving
No Priors Podcast
No Priors Podcast
The Story Behind Cerebras’ $63 Billion IPO with Founder and CEO Andrew Feldman

What was said

"At Thanksgiving, the night before Thanksgiving, we signed a term sheet. And, you know, 4 weeks later on the 24th of December, we signed a, a big master agreement. They had several law firms. For a $20+ billion deal, to do it in 4.5 weeks was exceptional."

Feldman disclosed that after initial conversations with Sam Altman in mid-2025, Cerebras executed one of Silicon Valley's largest deals in under five weeks, working seven days a week through the holidays. The accelerated timeline reflects a broader market shift where speed of execution has become paramount, with companies accomplishing in weeks what previously took months or years.

Verification status

Attributed speaker claim

Egleze verified who said this and where. The underlying claim has not been independently established by Egleze.

Source and context

Egleze verified who said this and where. The underlying claim has not been independently established by Egleze.

Programme
No Priors Podcast
Episode
The Story Behind Cerebras’ $63 Billion IPO with Founder and CEO Andrew Feldman
Clip time
24:37
Original source
Watch the source segment →
From this episode
No Priors Podcast
No Priors Podcast

The Story Behind Cerebras’ $63 Billion IPO with Founder and CEO Andrew Feldman

May 21, 2026 · 5 Egleze moments
Read episode summary and key points →

More moments from this episode

AI & TechCerebras Burned $8 Million Monthly for Two Years Before First Working Chip→AI & TechCerebras Claims 20x Speed Advantage Over GPUs Across All AI Models→AI & TechCerebras CEO Reveals Engineers Now Spend $25,000 Yearly on AI Tokens→AI & TechCerebras Plans to Scale Manufacturing 10x in 2025, Fastest in Hardware History→
More stories More from No Priors Podcast